To practice as a CPA, one must have a valid certificate issued by the board of accountancy in one of the country’s 55 jurisdictions, which consists of the 50 states, the District of Columbia, Puerto Rico, Guam, U.S. Virgin Islands and Commonwealth of the Northern Mariana Islands. Each jurisdiction has individual requirements for licensure in terms of experience and education, but the one common denominator is the Uniform CPA Examination, which the AICPA creates and grades. In addition to testing knowledge of accounting and auditing, regulation and business concepts via multiple-choice questions, the CPA Exam includes simulations and written communications.
The business environment has changed profoundly over the past few years. New regulations, developments in technology and global expansion have altered the way we work with one another. The AICPA closely monitors each of these factors and considers how they impact the future of the accounting profession.
Given this constantly evolving landscape, we need to take a closer look at how changes in the environment affect those who plan to enter the profession – the newly licensed CPAs. Experience and education requirements for licensure vary by state, but passing the Uniform CPA Examination is a must for everyone.
Have you received a survey asking for your feedback on what content should be tested on the CPA Exam? (Remember to check your spam folder!) If so, your input – which directly reflects your experience in practice – is instrumental in helping us understand exactly what topics the Exam should include.
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The Q3/Q4 2014 CPA Exam score release timetable is now available. Score release timelines are updated biannually on AICPA Insights and on the CPA Exam website. For more information about score release and the scoring process, please visit the Psychometrics and Scoring web page.
The National Association of State Boards of Accountancy releases the scores to candidates and state boards of accountancy based upon the target score release dates listed in the tables below.
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Computerization of the CPA Exam has led to momentous benefits for candidates, the boards of accountancy and the CPA profession. Here are some interesting facts in celebration of the 10th anniversary of the first computerized CPA Exam delivery on April 5, 2004.
The candidate test-taking experience has improved with computerization, resulting in more available days to sit for the CPA Exam and faster score reporting. During the pencil-and-paper days, candidates could take the CPA Exam twice a year – either in May or November. The CPA Exam is now available 243 days a year (and 244 during a leap year). Before computerization, candidates waited 90 days to receive their scores. Score reporting now ranges from seven to 45 days, depending on when a candidate sits for the CPA Exam.
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The AICPA continues to post regular updates regarding the CPA Exam score release schedule in an effort to keep CPA Exam candidates informed. Updated score release timelines are announced twice annually on AICPA Insights and are also posted on the CPA Exam website. To eliminate confusion, candidates can use the table below to easily find their score release dates.
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There are a few updates being implemented to make the candidate experience more user-friendly when taking the Uniform CPA Examination.
We are adding a comma to the calculator on the CPA Exam. The comma is meant for large numbers such as 1,000 and above to make them easier to read. We are also updating the tutorial to reflect a few recent changes to the CPA Exam, and at the same time we’re updating the technologies we use to present the tutorial. These changes will make it much easier for candidates to access the tutorial on a variety of hardware platforms. Both the tutorial and comma go into effect Oct. 1.
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